Rent-A-Text - Florida Gulf Coast University

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WHY RENTAL
Students say that
price is the primary
consideration for
where they shop.
April 2009 Synovate Survey Question:
Please tell us what is the one most important factor when selecting a
retailer for your textbook purchase?
Florida Gulf Coast University Bookstore | Follett Higher Education Group
RENTAL FUNCTIONALITY
SAMPLE RENTAL PRICING
Rental Fee = 49%* of New Book Price
(*National assortment average price savings)
Example:
New Price =
Used Price =
$100.00
$75.00
Rental Price =
$49.00
Non-Return Charge Example:
Non-Return Charge (75%) =
Processing Fee (7.5%) =
Total cost of a non-return text (127.5%) =
$75.00
$ 7.50
$131.50
RESULTS
453 Unique titles eligible for rent Fall 2010
• 37% titles adopted
FGCU students rented 6,759 textbooks this fall
Rental titles represent 14% of all textbooks sold
52% of rental titles sold through our online store
FGCU Students saved…
$302,097
•Rental Comparison % of units sold
–Florida Gulf Coast University: 14.0%
–University of Florida: 11.7%
–Florida State University: 13.8%
–University of North Florida: 15.4%
–University of West Florida: 14.8%
•Faculty Support Rental Option
–Rent-a-Text.com
»National list
»Author, title, isbn search
–Multi-term Adoptions
»Local rental titles
»Bookstore team
Course Material Evolution
Collaborative Learning
with CaféScribe
Digital Textbooks:
Trends & Statistics
•Digital course materials usage will be
influenced by the following:
–
–
–
–
Pricing
Availability of content
Advances in technology
Intensified focus on student outcomes
– Growth of online learning
– Rise in open educational resources
– Portability, mobility, and devices
Follett’s Digital Mission:
“…to explore strategies for reducing student
costs while ensuring quality of instructional
material and protecting faculty's role in
selecting effective textbooks/instructional
resources…”
Reader Devices
• Follett encourages partners to ask four key questions
as they consider reader devices:
– Do readers support the unique content critical to teaching and
learning such as graphs, charts, photographs, and 4 color illustrations?
– Do readers offer a wide variety of academic content?
– Do readers offer students value, given their price points ($300 to $500)
and the single purpose nature of the device?
– Do readers encourage the interactions of various teaching
technologies and leverage student and campus investment in new
ways of learning?
*If you are interested in more information, we can provide Follett’s
recent white paper on this topic.
Follett and CaféScribe
CAFÉSCRIBE
FOLLETT
Founded in 2004 and acquired by Follett
in 2007, built a high quality ebook reader
combined with unique collaboration
methods and personalization
opportunities.
Founded in 1873, one of the largest
distributors of course materials in the US
• Serves over 5,000,000 students
and 450,000 faculty (0ver 40% of
college stores
• Translates into deep knowledge of
880 campus communities
• Innovative learning tool
• Exceptional product team
• Learning effectiveness is at
the center of product development
Established, significant resources,
support, and commitment to
marketplace.
Forward thinking, digital tool aiding
in teaching effectiveness.
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Follett’s Vision of the Future
• The digital textbook becomes a connection between
new and next generation products focused on
improving the teaching and learning experience.
₋ Assessment Tools
₋ Homework Managers
₋ Authoring Tools
₋ Learning Management Systems
₋ Open source experiments are flourishing
• CaféScribe will continue to support the
interoperability between all products and systems.
What is CaféScribe?
CAFÉSCRIBE.COM
•Establish profile
•Purchase and
download content
•Create groups,
link to others
•Download free
myscribe ereader
MYSCRIBE EREADER
MyScribe
•Free software
•Read
•Highlight
•Make notes
•View shared
information
•Robust search
•Read aloud
Content Options
• Offer more textbooks for sale than any other digital
provider, over 10,000 titles, and growing every day
• Preserve faculty choice by offering a wide variety of
content from over 50 publishing partners
• Provide one platform for multiple publishers which
makes it easy for students and faculty to learn to use
• Offer custom publishing opportunities for faculty
created content, providing an electronic distribution
mechanism that provides more profit for the creator
and a lower price for the student
Interact
Social networking with an academic
purpose
Connect to students and colleagues,
near and far
Increase visibility into student time
on task
Build a community of learners
Integrate
Pagination corresponding to print book
Communicate with robust tools
Work within your LMS
Add comments and context
Post additional resources to enrich the text
Insert discussion questions, comments, and links
Use from one semester to the next; once purchased, no expiration
Innovate
Use CaféScribe as a platform for selfpublishing
Connect your students with subject
matter experts
Create hybrid study groups – blended
learners and online learners in one group
CaféScribe Works with
Your Campus Ecosystem
• Easy to use and scalable
• Promotes student outcomes; supports retention goals
• Provides a single source for content, transactions, and
customer service
• Helps faculty meet pedagogical goals without adding burden
to workflow
• Conserves resources and preserves faculty choice
• Provides a consistent student and faculty experience,
reducing learning curve and training time
• Technical support and customer service provided by Follett
• Integrates easily with your existing technologies, extending
the value of those investments at no additional cost to the
institution
• Enterprise quality software owned and backed by Follett, a
reliable and trusted trading partner
CaféScribe Helps Professor Adams
Incorporate the years of
additional materials into her
class that she has accumulated
over the past 10 years.
Connect her mentor, a
subject matter expert,
with her students. They
have access to an
invaluable resource.
Utilize her LMS even more than
she had been able to before.
Plus, it’s easy to share materials
and additional information with
both her face-to-face and online
students.
Reach out to her students who work while
attending school. It makes it easier for
them to seek extra help if they need it.
Encourage her students to
learn not just from her,
but from each other,
through the study groups
she has put together.
Check in with the different study groups
set up for her class. She is able to touch
base with them using CaféScribe’s
messaging system.
What do students like about CaféScribe?
•Savings: 40-60% less than new
•Easy to use: intuitive and
comfortable
•Convenience: may be used on
multiple computers with no heavy
books to carry around
•Trial opportunity: seven days free
•Ownership: materials never expire
Groups in CaféScribe
• Students within a
particular course
• Students within a
particular section
• TAs or instructors
teaching with the
same text
• Affinity groups
Insert notes into
course materials
to drive student
engagement and
increase time on
task
Annotations
appear inline
Annotations may
be public or
private
Create custom
highlighting
colors
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Convenient Bookshelf Available
On and Off-line
Integration into your LMS
•
Links to chapters
appear under the
content section
•
Students click on
the chapter link
to launch the
digital textbook
and go to the
assigned location
in the book
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